Tax considerations

Why you need to bring tax into your sustainability strategy

Read below to find out how EY can help your company to take advantage of the incentives, credits and allowances.

The role of tax as catalyst for change Can tax act as a catalyst for climate change action? Our survey assesses how tax measures are playing an increasingly important role in changing behaviors on the climate change agenda.

IRC Section 48C: advanced energy manufacturing tax credit Section 48C was designed to strengthen domestic manufacturing for clean energy and create jobs. It applies to facilities that make products that will reduce GHG emissions or air pollutants. Successful 2010 applicants have included wind turbine and solar panel manufacturers, and producers of fuel-efficient tires and jet engines. This tax credit is anticipated to be extended by congress in 2011.

Using tax credits as an effective tax rate management tool Some of the most underused effective tax rate management tools are tax credit investments. The government has created a number of targeted tax credit programs to encourage investment in renewable energy, developing affordable housing and supporting low-income communities. Learn how you can take advantage of the dollar-for-dollar reduction in federal tax liability in exchange for capital.

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